NOT LISTED FOR SALE

2239 Teal Rd Corolla, NC 27927

Estimated Value: $194,553 - $658,000

0.34 Acre
$1,059,365 Price per Acre
14,810 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $75,000

Est. 361% increase in value since last sale

Current estimated payment $1,881/month

16 Days on Market

About This Lot

As of September 2019

Escape The Pavement and build your own get-a-way on this canal front home site with 100 feet of water frontage, easy access to the sound, and surrounded by a wide variety of wildlife including the Corolla Wild Horses. One of the best priced canal front home sites on the Outer Banks. Make this canalfront lot the site of your new beach house and have the flexibility of coming by land or water. Enjoy the privacy of being away from the commercialization of the other beaches, and listen to the ocean from your back yard while watching Corolla Wild Horses wander on by.

Last Agent to Sell the Property

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 08/02/2019

EXP Realty, LLC - Coastal

Last Buyer's Agent

Jean-Paul Peron

EXP Realty, LLC - Coastal License #261870 Listed on: 08/02/2019

EXP Realty, LLC - Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $374

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • 100 Feet of Waterfront
  • Home fronts a canal
  • Unpaved Streets
  • Property is zoned RO2

Property Views

  • Canal Views

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Carova Beach Subdivision

Listing and Financial Details

  • Tax Block 4

Property Details

Property Type

Land

Est. Annual Taxes

$374

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: N on the beach Left at Fire Station Ramp Right on Ocean Pearl Rd. Left on Teal Rd. Lot on left
  • Flood Zone: Cobra, X
  • Subdivision Name: Carova Beach
  • Headline: Wooded Canal Lot
  • L V T Date: 08/05/2019
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Canalfront
  • Zoning: RO2
  • Deed Book Pg Number: 563
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: No
  • Office License Number: C23379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Canal
  • Water Frontage: 100

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Private, Well
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Size: 100 x 150
  • Estimated Lot Size: 0.34
  • Deed Book: 1363
  • Unit/Lot Number: Lot #12

Tax Info

  • Year: 2018
  • Taxes: 373.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 10, 2019
Sold by
Fulcher Heather A
Bought by
Russell Jason Speer and Russell Kerry Ann
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$345,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,559
Avg. Annual Appreciation
28.23%
Original Mortgage
$56,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2002
Bought by
Fisher Don A and Fisher Sharon K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Russell Jason Speer $75,000 None Available
Fisher Don A $48,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Russell Jason Speer $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $75,000 -11.8% --
08/18/2019 08/18/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $85,000 +29.0% --
05/06/2016 05/06/16 Sold $65,900 0.0% -- View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $65,900 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $916 $101,700 $88,000 $13,700
2024 $916 $101,700 $88,000 $13,700
2023 $907 $101,700 $88,000 $13,700
2022 $727 $101,700 $88,000 $13,700
2021 $414 $77,900 $77,900 $0
2020 $382 $77,900 $77,900 $0
2019 $382 $77,900 $77,900 $0
2018 $374 $77,900 $77,900 $0
2017 $374 $77,900 $77,900 $0
2016 $374 $77,900 $77,900 $0
2015 $374 $77,900 $77,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106075

Outer Banks Association of REALTORS®

APN: 087A-004-0012-0004